IFGL Refractories Limited
IFGL Refractories Limited operates in Electrodes & Refractories, part of the Industrials sector. It booked ₹512 cr of revenue in its latest quarter (Q1 FY27) and kept 3.3% of sales as profit. It is the 6th largest of 8 Electrodes & Refractories companies we track, by market value.
| Segment | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|
| India | 887 | 989 | 1,102 | 54% → 58% |
| Europe | 440 | 373 | 429 | 27% → 23% |
| America | — | — | 338 | 18% |
| Asia excluding India | 25 | 20 | 25 | 2% → 1% |
| Americas | 288 | 271 | — | — |
| Total | 1,639 | 1,653 | 1,894 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“The Company is primarily engaged in the manufacturing, trading and selling of Refractory items and its related equipment and accessories used in Steel plants.”
Healthier than 57% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 40
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in IFGLEXPOR?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹512 cr |
| Other Income | ₹3 cr |
| Total Income | ₹515 cr |
| Cost of Materials | ₹270 cr |
| Purchases of Stock-in-Trade | ₹9 cr |
| Inventory Change (±) | ₹-8 cr |
| Employee Benefit Expense | ₹84 cr |
| Finance Costs | ₹3 cr |
| Depreciation & Amortisation | ₹14 cr |
| Other Expenses | ₹121 cr |
| Total Expenses | ₹492 cr |
| Profit before Tax | ₹23 cr |
| Tax Expense | ₹6 cr |
| Net Profit | ₹17 cr |
| Net margin on total income | 3.3% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 469 cr | 483 cr | 512 cr |
| Total income | 471 cr | 486 cr | 515 cr |
| Expenses | 469 cr | 468 cr | 492 cr |
| Profit before tax | -4 cr | 17 cr | 23 cr |
| Tax | -66 L | 3 cr | 6 cr |
| Net profit (owners' share) | -3 cr | 14 cr | 17 cr |
| Net margin (owners' share, on revenue) | -0.7% | 3.0% | 3.3% |
| EPS (₹) | -0.43 | 1.98 | 2.37 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Graphite India Limited | ₹814 | ₹15,875 cr | 23.1 | 11.7% | 20.4% | — |
| Vesuvius India Limited | ₹400 | ₹8,120 cr | 34.7 | 13.4% | 10.9% | — |
| Raghav Productivity Enhancers Limited | ₹1,654 | ₹7,597 cr | 97.1 | 32.0% | 22.5% | — |
| RHI MAGNESITA INDIA LIMITED | ₹366 | ₹7,557 cr | 29.2 | 7.3% | 6.4% | — |
| HEG Limited | ₹226 | ₹4,358 cr | 8.9 | 10.3% | 18.0% | — |
| IFGL Refractories Limitedthis company | ₹198 | ₹1,425 cr | 20.8 | 5.8% | 3.3% | — |
| ORIENT CERATECH LIMITED | ₹46 | ₹552 cr | 13.1 | 11.3% | 8.5% | — |
| De Nora India Limited | ₹785 | ₹417 cr | 16.3 | 19.8% | 18.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹2.15 / share | 29 Jul 2026 |
| Bonus issue | 1:1 | 18 Jul 2025 |
| Dividend | ₹1 / share | 6 Jun 2025 |
| Dividend | ₹6 / share | 13 May 2025 |
| Dividend | ₹7 / share | 24 Jul 2024 |
| Dividend | ₹7 / share | 18 Aug 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.